UniCredit ramps up stake-build in Commerzbank with 21% holding
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German government’s block sale of shares, and Monday’s announcement of an extra 11.5% position, UniCredit will control just under 21% of Commerzbank.
6hOpinion
Swaps, collars, Citi Bike, biblically responsible investing and texting regulators about work.
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
UniCredit said it had acquired on Monday, through financial instruments, a further 11.5% of Commerzbank after applying to ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Italy's UniCredit increased its holding in Commerzbank to around 21%, pending regulatory approval, in a move that could pit it against resistance in Germany. UniCredit entered into financial ...
Die italienische UniCredit SpA prescht in Bezug auf die Commerzbank weiter vor. Tage, nachdem die Bundesregierung signalisiert hat, eine Übernahme des Frankfurter Instituts abzulehnen, meldeten ...
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...
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